Remaining proceeds to buy bitcoin
Company: Marathon Digital
The claim, verbatim
MARA expects to use the remainder of the net proceeds to acquire additional bitcoin and for general corporate purposes, including working capital, strategic acquisitions, expansion of existing assets, and debt repayment.
Source (primary)
marathon-digital 8-K exhibit (eh250659491_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-09)Live source ↗
Quote: “MARA expects to use the remainder of the net proceeds to acquire additional bitcoin and for general corporate purposes”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The document lists bitcoin purchases and general corporate purposes, including each of the named uses.
Confirmed in the source:
- MARA expects to use the remaining net proceeds to acquire additional bitcoin
- MARA expects to use the remaining net proceeds for general corporate purposes
- General corporate purposes may include working capital, strategic acquisitions, expansion of existing assets, and repayment of debt
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000095014225002027/eh250659491_ex9901.htm) in full (12,175 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (eh250659491_ex9901.htm)
Quote: “MARA expects to use the remainder of the net proceeds to acquire additional bitcoin and for general corporate purposes”